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RE100 report showcases the role for corporate action in energy transition efforts

The RE100 Progress Insights Annual Report 2018, released at the end of last week, portrays the central role corporate policies can play in carbon mitigation efforts.

UAE makes another $50m in RE loans available

The seventh round of funding under the Abu Dhabi Fund for Development program takes to US$350 million the amount pumped into clean energy as part of state-run energy transition strategies in the developing world.

Netherlands: PV projects totaling 3.7 GW submitted for autumn round of 2018 SDE+ program

Overall, 5,907 renewable energy projects totaling 5 GW are now under review by the Dutch Ministry of Economy in the second round of the SDE+ program for this year. Solar accounts for 72.8% of the total submitted capacity.

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Algeria issues 150 MW solar tender

Through the tender, the Algerian Government will select IPP solar projects with a capacity range of 10-50 MW. The projects, to be located in the southwestern part of the country, will be developed on a Build-Own-Operate (BOO) basis. Domestic content rules require the use of solar modules assembled in Algeria, as well as locally manufactured mounting structures and cables.

The weekend read: Hand in hand

In the world of data centers, two developments have finally joined hands: The rapid increase in required computing power, and the energy transition. This is not only sustainable, but strong business cases are evolving, as was witnessed at this year’s The smarter E Europe in Munich.

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Centrica to join London blockchain trial for alternative billing

Using a blockchain-based energy trading system, the company seeks to examine ways to bill customers in the best manner for them and prosumers. In light of the potential removal of export tariffs for small scale solar in the UK, the system could provide alternative remuneration for system owners. The trial will run for six months, with the possibility of extending it to two years.

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European Court of Justice censors European Commission approval of UK capacity market

With Theresa May’s government in full scale revolt this week over Brexit, the ECJ’s ruling that the European Commission wrongly failed to find fault with the UK capacity market mechanism four years ago, is likely to have Brexiteers on both sides of parliament frothing at the mouth with indignation.

Equinor takes 9.7% stake in Scatec Solar

The Norwegian oil producer has already partnered with Scatec on large-scale PV projects in Brazil and Argentina. The transaction cost $82.4 million.

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Hanwha supplying 100 MW mono PERC modules to China project

Hanwha Q Cells is continuing its collaboration with CGN Power Group. The manufacturer is delivering its Q.Peak-G5 mono-crystalline PERC solar modules to a 150 MW site in China’s Hubei province.

UK Government: ‘The devil is in the details’ for allowing RE in Capacity Market

A conference held this week in London shed light on the U.K. Government’s timeline for reviewing its Capacity Market and Contracts for Difference schemes, and what the changes could mean for renewable – and specifically solar PV – energy projects.

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